Checked.be · Company dossierhttps://checked.be/en/c/pit-eiffage-0434961955 · as of 22-10-2026
PIT-EIFFAGE
Active
Public limited company · founded 1988 · active for 38 yearsStarrenhoflaan 27, 2950 Kapellen, BelgiumKBO/BCE: BE 0434.961.955
Summary
PIT-EIFFAGE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €2.8m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 27% of 2,425 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Auditor: Forvis Mazars Bedrijfsrevisoren BVAccounts filed 10 days late
Why 84raises riskLiquidity: current ratio 1.37, cash €813,593Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1988Profit of €2.8m (financial year 2025)Show the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
84/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 43, medium-sized)
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency51+3
equity 25.8% of total assets
Liquidity18+4
short-term debt 69.6% · cash 4.0%
Profitability81+3
return on assets 13.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.3%Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.3% (244 companies, NACE 43, medium-sized)
Last 24 months11-2024: 0.6%12-2024: 0.6%● unchanged vs 11-202401-2025: 0.6%● unchanged vs 12-202402-2025: 0.6%● unchanged vs 01-202503-2025: 0.6%● unchanged vs 02-202504-2025: 0.6%● unchanged vs 03-202505-2025: 0.6%● unchanged vs 04-202506-2025: 0.7%▲ +0.1 percentage points vs 05-202507-2025: 0.8%▲ +0.1 percentage points vs 06-202508-2025: 0.6%▼ -0.2 percentage points vs 07-202509-2025: 0.6%● unchanged vs 08-202510-2025: 0.6%● unchanged vs 09-202511-2025: 0.6%● unchanged vs 10-202512-2025: 0.6%● unchanged vs 11-202501-2026: 0.6%● unchanged vs 12-202502-2026: 0.6%● unchanged vs 01-202603-2026: 0.6%● unchanged vs 02-202604-2026: 0.6%● unchanged vs 03-202605-2026: 0.6%● unchanged vs 04-202606-2026: 0.6%● unchanged vs 05-202607-2026: 0.6%● unchanged vs 06-202608-2026: 1.1%▲ +0.5 percentage points vs 07-2026highest value09-2026: 0.3%▼ -0.8 percentage points vs 08-2026lowest value10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €440,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.37, compared with 1.31 in 2024, below the usual 1.5; short-term debt: 69.6% and cash: 4% of total assets), and 74.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
75-100
Excellent
under 0.55%
60-74
Healthy
0.55% to 1.5%
45-59
Fair
1.5% to 4.2%
25-44
Weak
4.2% to 15.0%
0-24
Critical
over 15.0%
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized): better than 34% on solvency, 17% on liquidity, 87% on profitability and 31% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 filed years within 35 days of that day).
2025 annual accounts filed late (10 days)Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00395230.
Turnover
Turnover
What the company sold in the financial year. Rising revenue points to growth; compare with last year and with the sector.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€20.5m2025Equity€5.3m2025Debt€14.6m2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5.2m2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin11.8%2025Return on assets (ROA)13.8%2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency25.8%2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.372025
Average staff in full-time equivalents (FTE).
Staff (FTE)92.72025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
Net result€0.9m-€1.6m▲ 75.3%€1.6mabove the sector's middle half▲ 2.2%€1.1mabove the sector's middle half▼ 34.2%€0.09mwithin the sector's middle half▼ 91.9%€3.0mabove the sector's middle half▲ 3,325%€2.9mabove the sector's middle half▼ 4.3%€2.8mabove the sector's middle half▼ 1.3%
Equity€3.4m-€4.1m▲ 20.3%€2.5mabove the sector's middle half▼ 39.4%€2.5mabove the sector's middle half=€2.5mabove the sector's middle half=€2.5mabove the sector's middle half=€5.3mabove the sector's middle half▲ 116%€5.3mabove the sector's middle half▼ 0.7%
Total assets€20.8m-€20.4m▼ 1.9%€20.6mabove the sector's middle half▲ 0.7%€19.7mabove the sector's middle half▼ 4.3%€25.8mabove the sector's middle half▲ 30.8%€26.9mabove the sector's middle half▲ 4.6%€23.7mabove the sector's middle half▼ 12.0%€20.5mabove the sector's middle half▼ 13.5%
Working capital€2.5m-€3.6m▲ 45.3%€2.0mabove the sector's middle half▼ 44.6%€1.9mabove the sector's middle half▼ 5.0%€2.2mabove the sector's middle half▲ 12.7%€2.1mabove the sector's middle half▼ 1.1%€5.4mabove the sector's middle half▲ 154%€5.2mabove the sector's middle half▼ 3.3%
Solvency16.3%-20.0%▲ 3.7pp12.0%below the sector's middle half▼ 8.0pp12.6%below the sector's middle half▲ 0.5pp9.6%below the sector's middle half▼ 3.0pp9.2%below the sector's middle half▼ 0.4pp22.5%below the sector's middle half▲ 13.3pp25.8%within the sector's middle half▲ 3.3pp
Current ratio1.15-1.23▲ 0.081.12below the sector's middle half▼ 0.121.11below the sector's middle half=1.10below the sector's middle half▼ 0.021.09below the sector's middle half▼ 0.011.31within the sector's middle half▲ 0.231.37within the sector's middle half▲ 0.05
Return on assets (ROA)4.4%-7.9%▲ 3.5pp8.0%within the sector's middle half▲ 0.1pp5.5%within the sector's middle half▼ 2.5pp0.3%below the sector's middle half▼ 5.1pp11.1%within the sector's middle half▲ 10.8pp12.1%above the sector's middle half▲ 1.0pp13.8%above the sector's middle half▲ 1.7pp
Staff (FTE)94.5-90.6▼ 4.1%80.8above the sector's middle half▼ 10.8%84.3above the sector's middle half▲ 4.3%83.9above the sector's middle half▼ 0.5%81.9above the sector's middle half▼ 2.4%86.3above the sector's middle half▲ 5.4%92.7above the sector's middle half▲ 7.4%
abovewithinbelowthe middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.5m
95.1%
Fixed assets€996,742 ▼ 9.1%
Current assets€19.5m ▼ 13.7%
Equity and liabilities €20.5m
25.8%
71.4%
Equity€5.3m ▼ 0.7%
Provisions€568,985 ▼ 16.9%
Debt€14.6m ▼ 17.2%
Debt's share of the balance-sheet total falls from 74.6% to 71.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.0m▲
2024 · €3.6m
Cash flow
€3.1m▼
2024 · €3.1m
Debt to equity
2.76▼
2024 · 3.31
ROE
53.3%▼
2024 · 53.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€14.3m▼
2024 · €17.2m
Debt > 1 year
€229,319▼
2024 · €344,943
Income taxes
€1.0m▼
2024 · €1.0m
Staff costs
€7.3m▲
2024 · €6.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97.1% are still going.
Medium-sized
20 years or older
solvency 10 to 30%
a profit of 5% of the balance sheet or more
0.3%went bankrupt
2.6%stopped otherwise
97.1%still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 378 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 79 lines
Balance sheetCode20242025
Assets
Total assets20/58€23.7m€20.5m▼
Fixed assets21/28€1.1m€1.0m▼
Tangible fixed assets22/27€1.1m€1.0m▼
Land and buildings22€0.4m€0.4m▲
Plant, machinery and equipment23€0.1m€0.06m▼
Furniture and vehicles24€0.04m€0.1m▲
Leasing and similar rights25€0.5m€0.4m▼
Financial fixed assets28€0.02m€0.02m=
Other financial fixed assets284/8€0.02m€0.02m=
Amounts receivable and cash guarantees285/8€0.02m€0.02m=
Current assets29/58€22.6m€19.5m▼
Amounts receivable within one year40/41€21.8m€18.3m▼
Trade receivables40€7.3m€7.2m▼
Other amounts receivable41€14.5m€11.1m▼
Current investments50/53€0.2m€0.3m▲
Other investments51/53€0.2m€0.3m▲
Cash at bank and in hand54/58€0.5m€0.8m▲
Deferred charges and accrued income490/1€0.09m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€23.7m€20.5m▼
Equity10/15€5.3m€5.3m▼
Contributions10/11€1.8m€1.8m=
Capital10€1.8m€1.8m=
Issued capital100€1.8m€1.8m=
Reserves13€0.7m€0.7m=
Non-distributable reserves130/1€0.2m€0.2m=
Legal reserve130€0.2m€0.2m=
Distributable reserves133€0.5m€0.5m=
Profit (loss) carried forward14€2.9m€2.8m▼
Provisions and deferred taxes16€0.7m€0.6m▼
Provisions for liabilities and charges160/5€0.7m€0.6m▼
Other liabilities and charges164/5€0.7m€0.6m▼
Amounts payable17/49€17.7m€14.6m▼
Amounts payable after more than one year17€0.3m€0.2m▼
Financial debts170/4€0.3m€0.2m▼
Leasing and similar obligations172€0.3m€0.2m▼
Amounts payable within one year42/48€17.2m€14.3m▼
Current portion of amounts payable after more than one year42€0.2m€0.1m▼
Trade debts44€13.5m€11.1m▼
Suppliers440/4€13.5m€11.1m▼
Advances received on contracts in progress46€2.6m€2.0m▼
Taxes, remuneration and social security45€0.9m€1.0m▲
Taxes450/3-€0.2m
Remuneration and social security454/9€0.9m€0.8m▼
Other amounts payable47/48€0.008m€0.01m▲
Accrued charges and deferred income492/3€0.1m€0.1m▼
Income statementCode20242025
Operating income70/76A€34.3m€34.2m▼
Turnover70€32.4m€31.6m▼
Change in stocks of work in progress, finished goods and contracts in progress71€1.5m€1.0m▼
Other operating income74€0.5m€1.5m▲
Operating charges60/66A€30.9m€30.5m▼
Goods for resale, raw materials and consumables60€20.4m€18.9m▼
Purchases600/8€20.4m-
Services and other goods61€3.1m€2.9m▼
Remuneration, social security and pensions62€6.7m€7.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.1m€0.4m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.3m-€0.1m▼
Other operating charges640/8€0.05m€0.05m▲
Non-recurring operating charges66A-€0.7m
Operating profit (loss)9901€3.4m€3.7m▲
Financial income75/76B€0.5m-
Recurring financial income75€0.5m€0.2m▼
Income from current assets751€0.4m€0.1m▼
Other financial income752/9€0.1m€0.02m▼
Financial charges65/66B€0.05m€0.05m▼
Recurring financial charges65€0.05m€0.05m▼
Debt charges650€0.03m€0.03m▲
Other financial charges652/9€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€3.9m€3.8m▼
Income taxes67/77€1.0m€1.0m▼
Taxes670/3€1.0m€1.0m▼
Tax adjustments and reversals of tax provisions77€0.003m€0.001m▼
Profit (loss) for the period9904€2.9m€2.8m▼
Profit (loss) for the period to be appropriated9905€2.9m€2.8m▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.9m€5.7m▲
Profit (loss) brought forward from the previous period14P€21€2.9m▲
Profit to be distributed694/7-€2.9m
Return on contributions (dividend)694-€2.9m
Social balance sheet
Average headcount (FTE)908786.392.7▲
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
-
-
€36.0m
€38.4m
€37.9m
€34.3m
€34.2m
▼ 0.4%
Turnover70
€39.7m
€38.8m
€32.2m
€35.9m
€40.8m
€35.6m
€32.4m
€31.6m
▼ 2.2%
Change in stocks of work in progress, finished goods and contracts in progress71
-
-
-
-€1.0m
-€3.3m
€1.7m
€1.5m
€1.0m
▼ 34.2%
Other operating income74
-
-
-
€1.1m
€0.9m
€0.6m
€0.5m
€1.5m
▲ 235%
Operating charges60/66A
-
-
-
€34.7m
€38.4m
€34.1m
€30.9m
€30.5m
▼ 1.6%
Goods for resale, raw materials and consumables60
-
-
-
€26.7m
€29.7m
€24.4m
€20.4m
€18.9m
▼ 7.5%
Purchases600/8
-
-
-
€26.7m
€29.7m
€24.4m
€20.4m
-
-
Change in stocks: decrease (increase)609
-
-
-
€0.003m
-
-
-
-
-
Services and other goods61
-
-
-
€2.5m
€2.8m
€3.1m
€3.1m
€2.9m
▼ 3.8%
Remuneration, social security and pensions62
-
-
-
€5.7m
€5.8m
€6.3m
€6.7m
€7.3m
▲ 9.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€0.3m
€0.3m
€0.3m
€0.2m
€0.2m
€0.2m
€0.2m
€0.3m
▲ 8.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
-
-
-€0.3m
-€0.3m
-
€0.1m
€0.4m
▲ 240%
Provisions for liabilities and charges: additions (uses and reversals)635/8
-
-
-
-€0.2m
€0.2m
€0.01m
€0.3m
-€0.1m
-
Other operating charges640/8
-
-
-
€0.04m
€0.04m
€0.04m
€0.05m
€0.05m
▲ 0.2%
Non-recurring operating charges66A
-
-
-
-
-
-
-
€0.7m
-
Operating profit (loss)9901
€1.5m
€2.1m
€2.1m
€1.3m
€0.07m
€3.7m
€3.4m
€3.7m
▲ 9.9%
Financial income75/76B
-
-
-
€0.2m
€0.1m
€0.4m
€0.5m
-
-
Recurring financial income75
€0.1m
€0.1m
€0.09m
€0.2m
€0.1m
€0.4m
€0.5m
€0.2m
▼ 71.4%
Income from current assets751
-
-
-
€0.04m
€0.04m
€0.3m
€0.4m
€0.1m
▼ 65.5%
Other financial income752/9
-
-
-
€0.1m
€0.1m
€0.07m
€0.1m
€0.02m
▼ 88.3%
Financial charges65/66B
-
-
-
€0.03m
€0.03m
€0.03m
€0.05m
€0.05m
▼ 4.1%
Recurring financial charges65
€0.03m
€0.02m
€0.02m
€0.03m
€0.03m
€0.03m
€0.05m
€0.05m
▼ 4.1%
Debt charges650
€0.005m
€0.004m
€0.003m
€0.004m
€0.005m
€0.01m
€0.03m
€0.03m
▲ 17.3%
Other financial charges652/9
-
-
-
€0.02m
€0.02m
€0.02m
€0.03m
€0.02m
▼ 26.1%
Profit (loss) for the period before taxes9903
€1.6m
€2.2m
€2.2m
€1.5m
€0.2m
€4.1m
€3.9m
€3.8m
▼ 1.3%
Income taxes67/77
€0.7m
€0.6m
€0.6m
€0.4m
€0.09m
€1.1m
€1.0m
€1.0m
▼ 1.4%
Taxes670/3
-
-
-
€0.4m
€0.1m
€1.1m
€1.0m
€1.0m
▼ 1.6%
Tax adjustments and reversals of tax provisions77
-
-
-
€0.002m
€0.006m
-
€0.003m
€0.001m
▼ 80.3%
Profit (loss) for the period9904
€0.9m
€1.6m
€1.6m
€1.1m
€0.09m
€3.0m
€2.9m
€2.8m
▼ 1.3%
Profit (loss) for the period to be appropriated9905
€0.9m
€1.6m
€1.6m
€1.1m
€0.09m
€3.0m
€2.9m
€2.8m
▼ 1.3%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€20.8m
€20.4m
€20.6m
€19.7m
€25.8m
€26.9m
€23.7m
€20.5m
▼ 13.5%
Fixed assets21/28
€2.0m
€1.3m
€1.2m
€1.1m
€1.0m
€1.1m
€1.1m
€1.0m
▼ 9.1%
Tangible fixed assets22/27
€1.5m
€1.3m
€1.1m
€1.0m
€1.0m
€1.0m
€1.1m
€1.0m
▼ 9.2%
Land and buildings22
-
-
-
€0.5m
€0.5m
€0.4m
€0.4m
€0.4m
▲ 0.7%
Plant, machinery and equipment23
-
-
-
€0.2m
€0.2m
€0.1m
€0.1m
€0.06m
▼ 38.5%
Furniture and vehicles24
-
-
-
€0.03m
€0.01m
€0.02m
€0.04m
€0.1m
▲ 191%
Leasing and similar rights25
-
-
-
€0.3m
€0.3m
€0.4m
€0.5m
€0.4m
▼ 28.2%
Financial fixed assets28
€0.5m
€0.04m
€0.04m
€0.04m
€0.04m
€0.04m
€0.02m
€0.02m
=
Other financial fixed assets284/8
-
-
-
€0.04m
€0.04m
€0.04m
€0.02m
€0.02m
=
Shares284
-
-
-
€0.003m
€0.003m
€0.003m
-
-
-
Amounts receivable and cash guarantees285/8
-
-
-
€0.04m
€0.04m
€0.04m
€0.02m
€0.02m
=
Current assets29/58
€18.9m
€19.1m
€19.4m
€18.6m
€24.7m
€25.8m
€22.6m
€19.5m
▼ 13.7%
Stocks and contracts in progress3
€0.002m
-
€0.003m
-
-
-
-
-
-
Amounts receivable within one year40/41
€18.1m
€18.3m
€18.7m
€18.0m
€22.9m
€24.9m
€21.8m
€18.3m
▼ 15.9%
Trade receivables40
-
-
-
€7.8m
€10.6m
€9.3m
€7.3m
€7.2m
▼ 0.7%
Other amounts receivable41
-
-
-
€10.1m
€12.3m
€15.6m
€14.5m
€11.1m
▼ 23.6%
Current investments50/53
-
-
-
€0.06m
€0.1m
€0.2m
€0.2m
€0.3m
▲ 23.2%
Other investments51/53
-
-
-
€0.06m
€0.1m
€0.2m
€0.2m
€0.3m
▲ 23.2%
Cash at bank and in hand54/58
€0.7m
€0.7m
€0.6m
€0.5m
€1.7m
€0.7m
€0.5m
€0.8m
▲ 61.8%
Deferred charges and accrued income490/1
-
-
-
€0.05m
€0.04m
€0.08m
€0.09m
€0.1m
▲ 16.4%
Equity and liabilities
Total equity and liabilities10/49
€20.8m
€20.4m
€20.6m
€19.7m
€25.8m
€26.9m
€23.7m
€20.5m
▼ 13.5%
Equity10/15
€3.4m
€4.1m
€2.5m
€2.5m
€2.5m
€2.5m
€5.3m
€5.3m
▼ 0.7%
Contributions10/11
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
=
Capital10
-
-
-
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
=
Issued capital100
-
-
-
€1.8m
€1.8m
€1.8m
€1.8m
€1.8m
=
Reserves13
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
=
Non-distributable reserves130/1
-
-
-
€0.2m
€0.2m
€0.2m
€0.2m
€0.2m
=
Legal reserve130
-
-
-
€0.2m
€0.2m
€0.2m
€0.2m
€0.2m
=
Distributable reserves133
-
-
-
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
=
Profit (loss) carried forward14
€0.9m
€1.6m
€70
€35
€45
€21
€2.9m
€2.8m
▼ 1.3%
Provisions and deferred taxes16
€0.6m
€0.4m
€0.4m
€0.2m
€0.3m
€0.3m
€0.7m
€0.6m
▼ 16.9%
Provisions for liabilities and charges160/5
-
-
-
€0.2m
€0.3m
€0.3m
€0.7m
€0.6m
▼ 16.9%
Other liabilities and charges164/5
-
-
-
€0.2m
€0.3m
€0.3m
€0.7m
€0.6m
▼ 16.9%
Amounts payable17/49
€16.8m
€16.0m
€17.7m
€17.0m
€23.0m
€24.1m
€17.7m
€14.6m
▼ 17.2%
Amounts payable after more than one year17
€0.3m
€0.2m
€0.2m
€0.1m
€0.2m
€0.3m
€0.3m
€0.2m
▼ 33.5%
Financial debts170/4
-
-
-
€0.1m
€0.2m
€0.3m
€0.3m
€0.2m
▼ 33.5%
Leasing and similar obligations172
-
-
-
€0.1m
€0.2m
€0.3m
€0.3m
€0.2m
▼ 33.5%
Amounts payable within one year42/48
€16.4m
€15.5m
€17.4m
€16.7m
€22.6m
€23.7m
€17.2m
€14.3m
▼ 17.0%
Current portion of amounts payable after more than one year42
-
-
-
€0.1m
€0.1m
€0.1m
€0.2m
€0.1m
▼ 11.9%
Trade debts44
€11.2m
€11.7m
€11.4m
€12.0m
€15.6m
€15.5m
€13.5m
€11.1m
▼ 17.7%
Suppliers440/4
-
-
-
€12.0m
€15.6m
€15.5m
€13.5m
€11.1m
▼ 17.7%
Advances received on contracts in progress46
-
-
-
€2.8m
€5.8m
€4.1m
€2.6m
€2.0m
▼ 22.4%
Taxes, remuneration and social security45
-
-
-
€0.7m
€1.0m
€1.0m
€0.9m
€1.0m
▲ 7.4%
Taxes450/3
-
-
-
€0.01m
€0.3m
€0.1m
-
€0.2m
-
Remuneration and social security454/9
-
-
-
€0.7m
€0.7m
€0.9m
€0.9m
€0.8m
▼ 15.4%
Other amounts payable47/48
-
-
-
€1.1m
€0.09m
€3.0m
€0.008m
€0.01m
▲ 24.5%
Accrued charges and deferred income492/3
-
-
-
€0.2m
€0.2m
€0.1m
€0.1m
€0.1m
▼ 6.3%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€0.9m
€1.6m
€1.6m
€1.1m
€0.09m
€3.0m
€2.9m
€2.8m
▼ 1.3%
+ Depreciation and write-downs630
€0.3m
€0.3m
€0.3m
€0.2m
€0.2m
€0.2m
€0.2m
€0.3m
▲ 8.5%
Operating cash flow (approximation)
€1.2m
€1.9m
€1.9m
€1.3m
€0.3m
€3.2m
€3.1m
€3.1m
▼ 0.6%
Investment in fixed assets (approximation)
-
€0.4m
-€0.2m
-€0.1m
-€0.2m
-€0.3m
-€0.2m
-€0.2m
▲ 36.9%
Change in cash
-
-€0.03m
-€0.1m
-€0.05m
€1.1m
-€0.9m
-€0.2m
€0.3m
-
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of the 15,150 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 919 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
Flemish government
Subsidies and aid from the Flemish government to this company. Public aid says something about projects and the obligations that come with it.
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
4 directors, 1 in day-to-day management, no change since 2026
Director · since 01-04-2026 · Private limited company · permanent representative: Stéphanie Lempereur
Current
4 not recently confirmed
Still in office according to the deeds, but no deed of the last six years confirms the mandate. Mandates like this have often ended since, in a deed we have not read yet.
Still in office according to the deeds, but no deed of the last six years confirms the mandate. Mandates like this have often ended since, in a deed we have not read yet.
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
According to the 2024 annual accounts of PIT-EIFFAGE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital and shareholders
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Capital over the years
31-12-2020Capital stated in the deed · €1,800,000 · 11,206 shares
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 8 August 1988, PIT-EIFFAGE was incorporated.1In 2004 the registered office moved to Kapellen.2The name was changed to PIT-EIFFAGE in 2023.3Of the 4 current board members, Christophe VAN OPHEM has served longest, since 2015.4Turnover went from €39.7m in 2018 to €31.6m in 2025 and headcount from 94.5 to 92.7 full-time equivalents.5
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 37 annual accounts filed, the latest 10 are here; all 37 are under Financials.
50 of 50 deeds read
Register details
Identification
Legal formPublic limited company
Founded08-08-1988
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID0208:0434961955
Also9925:BE0434961955
If you follow this company, Checked tells you the day it leaves the Peppol register.
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation
If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number
0434.961.955
Recognitions · licences · registrations
Recognised contractor
Recognised contractor
The company is recognised to carry out public contracts, a good sign of reliability in construction. For each category the class sets the highest amount, excluding VAT, of one contract; class 8 has no upper limit.
16 categories
PIT-EIFFAGE NVapproval no. 22216
DGeneral building contractsclass 7, up to €6,396,000
D1All shell construction and roofing-in of buildingsclass 7, up to €6,396,000
D4Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
D5General joinery, timber roof trusses and stairsclass 4, up to €1,080,000
D8Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
D11Plastering and renderingclass 1, up to €162,000
D12Non-metal, non-asphalt roof coveringsclass 4, up to €1,080,000
D15Parquet flooringclass 1, up to €162,000
Show all 16 categories
D20Metal joineryclass 7, up to €6,396,000
D21Cleaning and restoring facadesclass 7, up to €6,396,000
D22Metal roofing and zinc workclass 5, up to €2,172,000
D23Restoration by craftsmenclass 5, up to €2,172,000
D24Restoration of monumentsclass 7, up to €6,396,000
D29Floor screeds and industrial floor coveringsclass 1, up to €162,000
EGeneral civil engineering contractsclass 4, up to €1,080,000
GGeneral earthworks contractsclass 4, up to €1,080,000
decision 07-02-2023
Dual-learning approval
2 live approvals · 4 ended
Metselaar (vwo)
approved · 2023 to 2028
Ruwbouw duaal (so)
approved · 2023 to 2028
Show 4 ended approvals
Medewerker ruwbouw (vwo)
ended · 2021 to 2026
Medewerker ruwbouw duaal (so)
ended · 2021 to 2026
Metselaar (so)
discontinued · 2022 to 2025
Werfbediener (so)
discontinued · 2021 to 2025
Legal Entity Identifier
Legal Entity Identifier
An international code the company uses to identify itself on financial markets. Needed by anyone trading securities.
549300RELV2ZIKQ6KG26
live in the LEI register
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Starrenhoflaan 27, 2950 KapellenOther specialised construction activities
since 1988unit no. 2.040.717.573
1 parcel
Flanders1(100%)
Cadastral parcel
Region
Area
Buildings
Height / floors
11023C0128/00W000
Flanders
3,243 m²
1 · 1,826 m²
8.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
PurposeThe activities the company may carry out under its articles.
“De vennootschap heeft tot voorwerp de coördinatie en uitvoering, renovatie, restauratie en sanering van openbare, industriële en private…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“De vennootschap heeft tot voorwerp de coördinatie en uitvoering, renovatie, restauratie en sanering van openbare, industriële en private gebouwen en constructies, de engineering, ontwikkeling en toepassing van speciale technieken op het gebied van versteviging, stabilisatie, bescherming, injectie, bespuiting van allerlei gebouwen en constructies; dit alles in de meest uitgebreide zin. Deze opsomming is louter enuntiatief en niet limitatief. De vennootschap mag alles doen wat rechtstreeks of onrechtstreeks kan bijdragen tot de verwezenlijking van haar voorwerp in de ruimste zin. De vennootschap heeft tevens tot voorwerp: 1. het verlenen van diensten onder de vorm van adviezen, begeleiding, opleiding en bemiddeling... 2. de aankoop, verhuur, onderhoud en verkoop van alle roerende goederen... 3. het deelnemen in of de directie voeren over andere vennootschappen... 4. het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke. De vennootschap mag alle industriële, commerciële en financiële, roerende en onroerende verrichtingen doen die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het voorwerp...”
Board ruleHow the board is made up, meets and takes decisions.
“De jaarlijkse algemene vergadering van 2026 die over de jaarrekeningen van 2025 zal beslissen, zal zich uitspreken over de te verlenen…” (deed in Dutch)